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Gerald Lucas

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Realtor Settlement Facts, Myths, Winners & Losers, Tip For Making Smart Home Purchase Offer, How Higher Mortgage Rates Are Affecting Home Sales

April 9, 2024 Gerald Lucas

Realtor Settlement Facts, Myths, Winners & Losers

Real Estate Tip:

Before you make offers to buy property, look at as many similar properties in that area as possible so you’ll have a solid frame of reference to make a reasonable bid.

Real Estate News:

Many homeowners faced with higher mortgage rate, have opted to stay in their current homes rather than selling and taking on a higher monthly payment.

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Tags Gerald Lucas, real estate tips, real estate strategies, realtor settlement, class action lawsuit, MLS, multiple listing service, 1st time home buyers, buyer's agent, buyer's broker, Zillow, Trulia
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3 Ways Artificial Intelligence Can Improve Real Estate, G's Rule Of 3 (Apples2Apples) Explained, Change In Avg Age Of 1st Time Home Buyers

February 21, 2023 Gerald Lucas

3 Ways Artificial Intelligence Can Improve Real Estate

Real Estate Tip:

Get at least 3 difference contractor estimates on any real estate renovation projects you are considering taking on. Make sure each estimate is for exactly the same scope of work so you can make an apples to apples comparison.

Real Estate Insight:

The average age of 1st time home buyers rose to 36 in 2022, a record high.

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Tags Gerald Lucas, real estate tips, real estate strategies, realtors, home buyers, AI, artificial intelligence, Zillow, automation, renters, mortgage lending, credit reports, income
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How Rising Home Prices And Job Recovery Will Affect Rents, Most Expensive Property Maintenance Items, 1st Time Home Buyers Struggle

November 16, 2021 Gerald Lucas

How Rising Home Prices And Job Recovery Will Affect Rents

Real Estate Tip:

Put money aside for property maintenance. Two pricey items to focus on for property maintenance are your roof and your heating and cooling systems.

Real Estate Insight:

The proportion of 1st time home buyers as a % of home sales dropped to 28% in September, the lowest level since July 2015 as rising home prices are pushing some buyers out of the market.

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Tags Gerald Lucas, real estate tips, real estate stratgies, Zillow, house flipping, Wall Street
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